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An update from Uvre Ltd. ( (AU:UVA) ) is now available.
Uvre Limited has announced significant progress in its exploration activities, preparing for its first drilling program at the Frome Downs Uranium Project in South Australia. The company completed Phase 2 of its geophysical program, aimed at refining targets for sediment-hosted uranium, and identified a new target area with complex structural features. An agreement with the Adnyamathanha Traditional Lands Association was executed, enabling heritage surveys on priority areas, marking a key step in their exploration plans. This development positions Uvre strategically within the uranium sector and fosters collaboration with traditional landowners, potentially impacting stakeholders positively.
More about Uvre Ltd.
Uvre Limited, an Australian company, operates in the exploration and mining industry with a focus on uranium projects. Its primary operations are centered around the development of the Frome Downs and Yankannina Projects in South Australia, which cover significant uranium-rich areas within the Frome Basin.
YTD Price Performance: -5.56%
Average Trading Volume: 106,093
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of UVA stock, go to TipRanks’ Stock Analysis page.
